New Construction Projects in Indialantic, Florida

Project 1: 100 Flug Ave Townhomes

• Developer: DeRosa Design + Build / DeRosa Builders (in collaboration with Blue Marlin Real Estate)
• Location: 100 Flug Ave, Indialantic, FL 32903
• Type: Townhomes (Residential)
• Units/Size: 3 luxury townhomes; each ~2,832+ sq ft under air, 3 beds, 3.5 baths, 3 stories
• Status: Pre-construction / To-be-constructed (pre-sales active)
• Expected Completion: 2027 (Summer 2027 estimated)
• Description: Modern coastal luxury townhomes featuring private in-ground pools (rare for townhomes), private elevators, 10-foot ceilings, multiple balconies, designer finishes, garages, and rooftop terraces/views. Located steps from the beach and local amenities.[1]

Project 2: 124 Coral Way E Townhome Development

• Developer: Not specified (permitted lot currently listed for sale to a builder/developer)
• Location: 124 Coral Way E (Way E), Indialantic, FL 32903 (0.57-acre beachside lot in Eden Estates)
• Type: Townhomes (Multi-family Residential)
• Units/Size: 8 townhomes (two buildings with 4 units each); each >2,250 sq ft, 3BR + loft, 2.5 baths, 2-car garage, 10-foot ceilings
• Status: Fully permitted and shovel-ready (plans approved; zoned for short-term rentals)
• Expected Completion: Not yet under construction; immediate build possible upon purchase
• Description: Approved 8-unit townhome project on a cleared beachside lot zoned for STRs (Airbnb/VRBO eligible). Modern coastal design; walkable to beach, shops, and restaurants. Ideal for build-to-rent or build-to-sell.[2]

No other significant new residential, mixed-use, or commercial construction projects meeting the criteria (announced, under construction, or recently completed within the last 3 years) were identified in Indialantic. The town primarily features smaller-scale or individual new builds alongside ongoing infrastructure improvements (e.g., drainage, roads, and boardwalk concepts) that do not qualify as building construction projects. Limited public information is available on additional developments.